Electronic Toll Collection System improves the overall transportation infrastructure by different technological aspects. Various navigation and communication technologies like Global Positioning System (GPS), and Dedicated Short Range Communication (DSRC) are used in the ETC System to improve the guidance and monitoring system of the vehicles. Increasing developments in the environmental and economic sector have influenced the investments in the Electronic Toll Collection systems market. The ETC market covered in the report includes only the roadway transportation as the rate of developments and improvements in the sector of roadway transportation is very high.

The various technology used in this Electronic Toll Collection System are Radio Frequency Identification (RFID), Dedicated Short-Range Communications (DSRC), video analytics, Global Navigation Satellite System (GNSS) and cellular. In general the ETC system comprises of four subsystems called Automatic Vehicle Identification (AVI), Automatic Vehicle Classification (AVC), Violation Enforcement System (VES), and transaction processing, which includes a back office and integration. The major applications covered in the ETC market are Highways and Urban.

This report deals with all the driving factors, restraints, and opportunities for the Electronic Toll Collection System market, which are helpful in identifying trends and key success factors for the industry. The report also profiles companies active in the field of Electronic Toll Collection System. This report provides the competitive landscape of the players, which covers key growth strategies, followed by all the major players. It also highlights the winning imperatives and burning issues pertaining to the ETC System industry. The report formulates the entire value chain of the ETC System market; right from data source to the applications of the ETC.

The global ETC market is expected to reach $9.5 billion by 2020 at an estimated CAGR of 11.1% from 2014 to 2020 where North America is a market leader in the ETC market followed by Europe and then APAC. ROW holds the smallest market.

The report covers the companies that are the major players, and active in Electronic Toll Collection Systems. The report provides the competitive landscape of the players which covers the key growth strategies followed by all the major players. The major players in this field are Thales Group (France), EFKON AG (Austria), Kapsch AG (Austria), Hitachi Ltd. (Japan), Siemens AG (Germany), Mitsubishi Heavy Industries Ltd. (Japan), 3M (U.S.), Q-Free (Norway), Schneider Electric (France), Robert Bosch GmbH (Germany), TransCore (U.S.), Xerox Corporation (U.S.) and TRMI Systems Integration (U.S.).

Scope of the report

This research report categorizes the global Electronic Toll Collection System market, based on product, technology and applications; it also covers the forecasted revenue from 2013 to 2020 and future applications of ETC. This report also shows the deployments of ETC systems in various regions.

The main technologies used in Electronic Toll Collection System are Radio Frequency Identification (RFID), Dedicated Short-Range Communications (DSRC), Video Analytics, and Global Navigation Satellite System (GNSS), and cellular. The RFID toll gates are conventional in the North America, while the DSRC is the standard technology used in Europe and Asia with a mixed position.

On the basis of Application areas

Applications areas of ETC have been categorized into Highways and Urban. The chief application techniques and principles of a typical ETC systems is comprised of four subsystems called Automatic Vehicle Classification (AVC), Violation Enforcement System (VES), Automatic Vehicle Identification (AVI), and transaction processing, which includes a back office and integration. ETC deployment on Highway is higher than the deployment in urban area.

On the basis of Geography

North America

U.S.

Canada

Mexico

Europe

France

Italy

Germany

U.K.

Others in EU

APAC

Australia

India

Japan

South Korea

China

Others in APAC

ROW

Africa

The Middle East

Others in ROW

Geographical analysis covers North America, Europe, Asia-Pacific, and ROW. In this report, North America is further segregated by countries such as the U.S., Canada, and Mexico. Europe is further segregated into France, Italy, Germany, U.K., and others. APAC is segregated into Australia, Japan, South Korea, China, India, and others. ROW is segregated into Africa, the Middle East and others.

The growing demand for Electronic Toll Collection systems has increasingly shifted focus towards optimization in the areas of efficiency, faster service, and cost.

The overall Global Electronic Toll Collection system market is segmented into four major segments- product, technologies, application, and geography. All the major segments are further segmented into sub segments. All the segments and sub segments are separately classified in the report. The global Electronic Toll Collection system market is expected to reach up to $9.5 billion by 2020, at an estimated CAGR of 11.1% from 2014 to 2020.

Geographical analysis covers North America, Europe, Asia-Pacific, and ROW. In this report, North America is further segregated by countries such as the U.S., Canada, Mexico, and Australia. Europe is further segregated into France, Italy, Spain, Portugal, Germany, U.K., and others. APAC is segregated into Japan, South Korea, China, India, and others. ROW is segregated into Brazil, Africa, Middle East, and others.

The figure below shows the estimated continuous growth of the global Electronic Toll Collection System market in the coming years from 2013 to 2020.

Source: MarketsandMarkets Analysis

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